Coin a phrase for the type of economy we now have.Dump and pump?

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  • BrentCrude
    SBR MVP
    • 11-16-05
    • 4665

    #1
    Coin a phrase for the type of economy we now have.Dump and pump?
    Interest rates can't go up like the federal reserve says will keep happening.That's just their way of making people think economic times will get better where you better go out now and borrow because it will be too late a few months from now when boom times hit.We don't really have stagflation or inflation except for all branches of government finding taxes and fees to hit you with.Companies are smartly going bare bones and laying people off.No one is spending money on much of anything.Rooms in Laughlin,Nevada all winter were $5.98 a night.You can get one way flights from the midwest to Vegas for $39 plus taxes and fees.There is pressure on people selling anything where there is no cash out there to buy what you have for sale.

    All you have is an economy in the dumps and a president that artificially wants to stimulate it with financial steroids ''printed money'' to pump it up.Obama has turned the country into a late stage shrivelled up like a prune steroid bum,muscle in a bottle economy that's like all the tragedy cases in sports where the Alzado's of the world croak at a young age from abuse.

    Instead of a pump and dump,I would call it a dump and pump economy.Any other names for it?Smart people are dumping it and leaving and the Obama's are pumping it up giving it the perception of it being strong through artificial means.
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